Lost to digital payment fraud in 2023
Source: RBI⌁ WhyOTPStop OTP fraud before it happens.
Conversational AI
built for trust
Works in 20+
Indian languages
Enterprise grade
security & compliance
Stop OTP fraud before it happens.
Not after it hurts.
WhyOTP is an AI voice agent that calls the customer before an OTP is sent, states the exact payment being authorized in plain language, and confirms informed intent. The bank keeps the final decision.
Conversational AIbuilt for trust
Works in 20+Indian languages
Enterprise gradesecurity & compliance
THE PROBLEM₹21,000 Cr+ 1.4 Cr+ 95% ₹10L–₹50L
OTP fraud is at an all time high
Fraud works because people are manipulated outside the bank's systems. The authorization moment has no context.
Fraud incidents reported in 2023
Source: NCRPOf cyber fraud starts with social engineering
Source: MHAAverage loss per victim in major scams
Source: Industry reportsTHE SOLUTION
WhyOTP by Askyara.ai
WhyOTP uses AI voice agents to verify intent in a short, real time conversation, stopping fraud at the source before an OTP is shared.
Intent verificationbefore OTP
Real time riskdetection
Seamless voiceexperience
Fewer fraud lossesand chargebacks
HOW IT WORKS01 02 03 04
Turn the OTP moment into an authorization conversation.
WhyOTP adds context and a short conversation before the customer's normal authorization path.
Receive context
Amount, beneficiary, action and bank approved risk signals.
Explain the action
Tell the customer exactly what is being authorized in plain language.
Confirm informed intent
Ask short questions and listen for coaching, confusion or a false pretext.
Apply bank policy
Proceed, pause, escalate or decline. The bank remains the authority.
LIVE CONVERSATION
A coached “yes” should not be enough.
WhyOTP listens for the reason behind the answer, not only the answer itself.
WhyOTP
Did someone ask you to make this payment?
Customer
Yes… someone from the bank called about my KYC.
KYC pretextThird party instructionUnknown recipient
BANK POLICY APPLIED → OTP WITHHELD · ESCALATED
USE CASES
Context breaks the scam.
01
“I need your OTP to complete your KYC.”
TODAY
A caller creates urgency. An OTP arrives. The customer reads it aloud.
WITH WHYOTP
“There is a request to transfer ₹15,000 to Sudesh Bhosale. Did you initiate this payment?”
02
“Give me the OTP and I'll hand over your delivery.”
TODAY
The customer assumes the OTP belongs to the delivery and shares it.
WITH WHYOTP
“This authorization is for a payment of ₹8,500 to ABC Services.” The mismatch becomes obvious.
TRUST BY DESIGN
A security conversation should never behave like a scam.
WhyOTP states verified transaction context and asks about intent. It never needs the customer to reveal secrets.
×
No asking for OTPs, PINs, CVVs or passwords.
×
No pretending AI can “read emotions”.
×
No uncontrolled AI deciding whether money moves.
DEPLOYMENT
Start without replacing your existing OTP stack.
Banks can introduce WhyOTP progressively, from intervention before OTP to full conversational authorization.
STEP 1Intervention before OTP
STEP 2Conversational OTP
STEP 3Conversational Authorization
WhyOTP is built for Banks, NBFCs, Payment Platforms & Fintechs
Protect customers. Reduce fraud losses. Build trust that scales.